Archstone Appoints Dean Wilson to SVP Development for Washington, D.C.

WASHINGTON--(BUSINESS WIRE)--Archstone, a leader in apartment investment and operations, today announced that it has appointed Dean Wilson to senior vice president of investments for Washington, D.C.

“We are excited to have Dean leading our development efforts in this very important market for us.”

Wilson has more than 25 years of experience in the industry, holding leadership positions at Alliance Residential, Wood Partners, Bentley Homes, Lincoln Property and JPI. He will be responsible for Archstone’s Washington, D.C., development pipeline, which represents a total expected investment of more than $948 million excluding CityCenterDC.

“Dean adds extensive local Washington, D.C., knowledge and an excellent track record of success to the team,” said Neil Brown, Archstone’s chief development officer. “We are excited to have Dean leading our development efforts in this very important market for us.”

Wilson has led the development of more than 6,000 units and $800 million worth of apartment communities in the Washington, D.C., market alone. Among those developments are Alta Courthouse Square (390 units), 1901 West (300 units) and The Hermitage (491 units).

Wilson has a Master in Liberal Studies from Duke University and a Bachelor of Arts from Syracuse University.

About Archstone

Archstone is one of the largest owners of high-quality apartment communities in the United States and is focused primarily on the acquisition, development, redevelopment, operation and management of apartment communities in select supply-constrained, coastal markets. The company's portfolio is concentrated in many of the most desirable neighborhoods within the metropolitan areas of Washington, D.C., Southern California, the San Francisco Bay Area, New York City, Boston, Seattle and Southeast Florida. Archstone strives to provide great apartment rentals and great service to its customers—backed by service guarantees. As of March 31, 2012, the company owned or had an ownership interest in 181 communities in the United States with 59,419 units that were operating or under construction. In addition to its U.S. portfolio, the company also has a European operating platform through which it owns and manages apartment properties in Germany.